
Republican SALT Caucus Pushes Back on Cap Proposals Ahead of 2025 Expiration
ACO News: Republican SALT Caucus Debates Raising the SALT Cap Background: The SALT cap (state and local tax deduction limit) is currently $10,000, set by
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ACO News: Republican SALT Caucus Debates Raising the SALT Cap Background: The SALT cap (state and local tax deduction limit) is currently $10,000, set by the 2017 Tax Cuts and Jobs Act (TCJA). This cap expires at the end of 2025. Some Republicans, especially from high-tax states like New York…
ACO News: Republican SALT Caucus Debates Raising the SALT Cap Background: The SALT cap (state and local tax deduction limit) is currently $10,000, set by
The Financial Crimes Enforcement Network (FinCEN) has issued an interim final rule that removes the obligation for U.S. companies and U.S. persons to report beneficial
When someone passes away, the estate they leave behind must be administered through a legal process known as probate. While probate may seem straightforward, it
In the last two years, many startups have faced difficulties, especially when they needed more funding despite not being profitable or struggling with uncertain future
The IRS has released the inflation-adjusted tax brackets, deductions, and contribution limits for 2025. These changes will impact tax planning for the upcoming year—but remember,
Tax season is a stressful time for both individuals and businesses, but the work behind the scenes is even more demanding. Your accountant is working
The Connecticut Department of Revenue Services (DRS) has granted extensions to April 15, 2025, for key pass-through entity tax filings in response to challenges with
In a recent landmark legal ruling, a Nevada probate commissioner denied Rupert Murdoch’s attempt to amend his family’s irrevocable trust, drawing significant attention from estate
In the bustling world of investment opportunities, there’s a hidden gem: the Connecticut Angel Investor Tax Credit. This often-overlooked tax incentive offers significant benefits to
As cryptocurrencies like Bitcoin and Ethereum become more mainstream, understanding the tax implications surrounding these digital assets is critical for both individuals and businesses. The
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Sherri Fisher is a Tax Manager at Accavallo & Company, LLC. Sherri has longstanding expertise in Trust and Estate Taxation, Eldercare, and Estate planning. Sherri appreciates the relationships she has built with estate planning attorneys and advisors, to provide a team approach to assisting her clients. Sherri also has seasoned experience in business and individual taxation and is partial to assisting start-ups in developing overall accounting and operating plans.
Prior to joining Accavallo & Company, LLC, Sherri was a manager in a large firm, servicing high net worth trust clients, business, and personal clients. She was also a Partner in a large bookkeeping firm, which specialized in cloud accounting systems for regional and national companies. Sherri led a team in assisting clients to organize their accounting systems. She is a graduate of Florida Atlantic University with a B.S. degree in Accounting.
Sherri’s experience includes working with companies and organizations in a variety of industries including:
Investment Trusts
DAPT and Family Investment Partnerships
Estate and Probate Administration
E-Commerce
Manufacturing
Construction
Real Estate Investment
Marketing and Service-based industries
In addition to her professional accomplishments, Sherri is an Intuit Advanced Pro Advisor, Intuit Future Firm Advisory Board member, member of the Valley WIN Network, and proudly served as past Connecticut Public School liaison for the Yale Tommy Fund for Childhood Cancer. Sherri enjoys time with her family, Cleveland sports, thrifting and gardening.